Lark Apartments South County, St. Louis
Description
Located in the desirable South County area, Lark Apartments offers a rare combination of stability and growth potential. These well-maintained, four-unit buildings present an excellent value-add opportunity for investors seeking to maximize returns. With updated systems, professional management, and off-street parking, this property is primed for both current income and future upside through strategic unit updates and rent increases.
Property Highlights
Prime Suburban South County Location
Matching Set of Four-Unit Buildings
Off-Street Parking
Professionally Managed and Operated
2 of the 8 Units Fully Updated
Updated Electrical Panels
Updated Plumbing Stacks
Individually Metered Heating and Cooling
Value-Add Opportunity
$27,744 Annual Value-Add Potential by Increasing Rents to Market Rates
Rare Cosmetic Value-Add Opportunity: Update Remaining Units to Boost Rental Income
Address
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Address 208 Lark Avenue
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Country United States
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Province/State Missouri
Overview
- Property ID 9565
- Price $770,000
- Property Type Multi-Family
- Property status Featured Listing
- Year Built 1961
Contact
Nicholas F. Smyrniotis
Property Agent